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Market: Abu Dhabi Symbol: MULTIPLY ISIN: AEM001001019 Industry: Financials

With its trademark growth mindset, Multiply Group PJSC is an Abu Dhabi-based holding company that invests in transformative cash-generating businesses it understands. Multiply Group will continue to deploy capital across its two distinct arms, both of which follow a disciplined approach to investing and ensure consistent, sustainable value creation for our shareholders in the short-medium and long-term:

The investments and operations in long-term strategic verticals, currently Mobility, Energy and Utilities, Media and Communications and Beauty and Wellness. Anchor investments provide long term recurring income, through which bolt-on acquisitions are made.

A flexible, sector-agnostic and opportunistic investment arm.

Our blend of financial strength, strong leadership, and mental agility empowers our people to be bold, moving fast and decisively to grasp attractive investment opportunities.

As a young company, unconstrained by legacy or bureaucracy, we are dynamic, with access to market-leading expertise through the leadership of our portfolio companies and a mindset that challenges aging values and empower firms to chart new courses.

Major shareholders include International Holding Company (IHC), one of the most valuable companies in the UAE with an exceptional track record of taking its best-performing subsidiaries public.

Share data 02/10/2023
Currency AED
Volume 19,996,777
Previous Close 4.02
Number of Shares (mln) 2,800.00
Change (%) 0.50
Market Cap (mln) 11,256.00
Key Figures (AED’000) 2020 2021 2022
Statement of profit or loss and other comprehensive income      
Revenue 15,784 371,912 1,125,509
Gross profit 6,170 210,618 569,158
Profit for the year 3,798 225,196 18,562,948
Total comprehensive income for the year 3,798 226,580 18,539,090
Statement of financial position      
Total assets 98,334 11,603,762 41,205,882
Total liabilities 8,407 877,732 11,825,175
Total equity 89,927 10,726,030 29,380,707
Statement of cash flows      
Net cash generated from/(used in) operating activities 738 (35,174) 857,155
Net cash used in investing activities (24,566) (1,558,437) (11,536,617)
Net cash generated from financing activities 30,000 5,025,607 8,070,277